1642 CAMBRIDGE ST, Philadelphia, PA 19130
1642 CAMBRIDGE ST, Philadelphia, PA 19130
1642 CAMBRIDGE ST, Philadelphia, PA 19130
1642 CAMBRIDGE ST, Philadelphia, PA 19130
1642 CAMBRIDGE ST, Philadelphia, PA 19130
1642 CAMBRIDGE ST, Philadelphia, PA 19130
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by Tykey Jackson • Philadelphia Realty Exchange
$ 1,325,000
Est. payment | /mo

4,568 SqFt


Save
$ 1,325,000
Est. payment | /mo
Save

4,568 SqFt

Open House

Thu Apr 30, 5:00pm - 6:30pm

Key Details

Property Type Multi-Family, Townhouse

Sub Type End of Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 4,568 sqft

Price per Sqft $290

Subdivision Francisville

MLS Listing ID PAPH2605536

Style Contemporary

Abv Grd Liv Area 4,568

Year Built 2019

Annual Tax Amount $3,122

Tax Year 2026

Lot Size 1,176 Sqft

Lot Dimensions 18.00 x 65.32

Property Sub-Type End of Row/Townhouse

Source BRIGHT

Property Description

High-Income 3-Unit Investment Opportunity in Francisville | Built 2019 | Tax Abatement

Turnkey triplex generating $6,495+ per month in projected rental income, located in the rapidly growing Francisville section of Philadelphia. Built in 2019, this modern multi-family property offers strong in-place income, low maintenance, and approximately 4 years remaining on a tax abatement, helping maximize cash flow.

Ideal for investors or owner-occupants
One unit is currently vacant, creating an immediate opportunity to house hack or lease at market rent.

Property Breakdown:

Unit A, Bi-Level, 4 Bed, 3 Bath
Spacious private-entry unit with open living area, patio access, and in-unit laundry.
Currently rented at $2,450/month through April 2027.

Unit B, 2 Bed, 2 Bath
Open layout with bedrooms on opposite ends, each with walk-in closets and bathroom access.
Vacant, projected rent $1,995/month.

Unit C, 2 Bed, 2 Bath + Roof Deck
Split-bedroom design with private rooftop access and city views.
Currently rented at $2,150/month through November 2026.

Investment Highlights:

Projected gross income: $77,940+ annually
Tenants pay most utilities (low expense structure)
Modern construction, built 2019
High bedroom-to-bath ratio increases rental demand
Multiple rental strategies, long-term, roommate-style, or mid-term

Located minutes from Center City, Temple University, major hospitals, and public transportation, this property sits in a high-demand rental corridor with continued neighborhood growth and strong tenant demand.

Strong existing leases, modern layouts, and long-term upside make this a compelling addition to any portfolio.

Disclaimer:
Information is deemed reliable but not guaranteed. Buyer to verify all details including tax abatement, income, zoning, and square footage. This is not legal or financial advice.

Location

State PA

County Philadelphia

Area 19130 (19130)

Zoning RM1

Rooms

Basement Daylight, Full, Full, Fully Finished

Interior

Interior Features Combination Kitchen/Living, Primary Bath(s), Sprinkler System, Recessed Lighting, Bathroom - Stall Shower, Upgraded Countertops, Wood Floors, Bathroom - Walk-In Shower, Pantry, Walk-in Closet(s)

Hot Water Electric

Cooling Central A/C

Flooring Ceramic Tile, Hardwood

Equipment Built-In Microwave, Dishwasher, Disposal, Dryer - Electric, Energy Efficient Appliances, Intercom, Microwave, Oven - Self Cleaning, Oven/Range - Electric, Stainless Steel Appliances, Stove, Washer

Fireplace N

Window Features Casement,Energy Efficient

Appliance Built-In Microwave, Dishwasher, Disposal, Dryer - Electric, Energy Efficient Appliances, Intercom, Microwave, Oven - Self Cleaning, Oven/Range - Electric, Stainless Steel Appliances, Stove, Washer

Heat Source Electric

Laundry Dryer In Unit, Washer In Unit

Exterior

Exterior Feature Patio(s), Roof

Water Access N

View City

Roof Type Fiberglass,Flat

Accessibility None

Porch Patio(s), Roof

Garage N

Building

Lot Description Corner

Foundation Concrete Perimeter

Above Ground Finished SqFt 4568

Sewer Public Sewer

Water Public

Architectural Style Contemporary

Additional Building Above Grade, Below Grade

Structure Type 9'+ Ceilings,Dry Wall

New Construction N

Schools

School District Philadelphia City

Others

Tax ID 471011021

Ownership Fee Simple

SqFt Source 4568

Security Features Intercom

Acceptable Financing Cash, Conventional, FHA, VA

Listing Terms Cash, Conventional, FHA, VA

Financing Cash,Conventional,FHA,VA

Special Listing Condition Standard

Bright MLS (BMLS)

Nearby Locations

GET MORE INFORMATION

Name
Phone*
Message

Go tour this home

1642 CAMBRIDGE ST